Page 143 - ACCA P1 slides 2017-18
P. 143
Why is corruption wrong?
The ethical argument-
Corruption is inherently wrong:
The reality that laws making corrupt practices criminal may not
always be enforced is no justification for accepting corrupt practices.
To fight corruption in all its forms is simply the right thing to do.
The business arguments-
1.Legal Risks
2.Reputational Risk
3.Financial Cost
4.Pressure to repeat offend
5.Blackmail
6.Impact on staff
7.Impact on development
145
